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Apple Locks In Broadcom for AI Future | Durham News
Broadcom and Apple just locked in a massive 20-year chip supply deal, extending their partnership to 2031 — not a fresh start, but a deepening of an already critical alliance. Apple, pushing to reduce reliance on external chipmakers, still depends on Broadcom for essential wireless and RF components, plus potential AI server tech for future products. The market cheered: Broadcom’s stock surged, as Apple accounts for nearly 20% of its revenue. This move underscores a broader industry trend — securing chip supply is now the bottleneck, not demand — and signals how AI’s rising demand is…
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